Credit: The Associated Press

Chinese President Xi Jinping, left, and Nigerian President Goodluck Jonathan, right, review an honor guard during a welcome ceremony at the Great Hall of the People in Beijing, China, Wednesday, July 10, 2013.

BEIJING — Nigerian President Goodluck Jonathan and Chinese President Xi Jinping presided Wednesday over the signing of accords between their governments to facilitate $1.1 billion in low-interest loans for much-needed infrastructure in Nigeria.

China, which is increasingly looking to Africa for oil and other natural resources, is offering Nigeria loans to help fund airport terminals in four cities, roads, a light-rail line for its capital, a hydropower plant and oil and gas infrastructure.